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Agenda - Council - 02/26/2008
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Agenda - Council - 02/26/2008
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Last modified
3/19/2025 9:13:45 AM
Creation date
2/22/2008 10:19:50 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/26/2008
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property beginning <br />property beginning <br />Prop Acq <br />1- Jan -09 <br />1- Jan -11 <br />Retain <br />Land <br />Buy Back <br />Buy Back <br />4/1/2018 <br />Interest Rate <br />1/1/2009 <br />4.00% <br />$ <br />73,260 <br />$ <br />70,140 <br />$ <br />70,140 <br />1/1/2010 <br />4.05% <br />$ <br />80,302 <br />$ <br />73,857 <br />$ <br />73,857 <br />1/1/2011 <br />4.10% <br />$ <br />86,964 <br />$ <br />80,175 <br />$ <br />77,797 <br />1/1/2012 <br />4.30 % <br />$ <br />97,439 <br />$ <br />90,028 <br />$ <br />84,938 <br />1/1/2013 <br />4.50% <br />$ <br />108,966 <br />$ <br />100,877 <br />$ <br />92,710 <br />1/1/2014 <br />4.70% <br />$ <br />121,656 <br />$ <br />112,827 <br />$ <br />101,188 <br />1/1/2015 <br />4.90% <br />$ <br />135,636 <br />$ <br />125,999 <br />$ <br />110,452 <br />1/1/2016 <br />5.10% <br />$ <br />151,048 <br />$ <br />140,526 <br />$ <br />120,594 <br />1/1/2017 <br />5.30% <br />$ <br />168,051 <br />$ <br />156,558 <br />$ <br />131,714 <br />4/1/2018 <br />5.50% <br />$ <br />186,825 <br />$ <br />174,267 <br />$ <br />143,929 <br />Total Interest <br />$1,210,147 <br />$ 1,125,254 <br />$ 1,007,320 <br />Compounded <br />interest and based on treasury <br />2 -20 -08 plus two basis <br />points <br />
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